iBankCoin
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Mortgage Applications Rise 6.2%

“Applications for U.S. home mortgages rose last week as loan requests for new purchases hit its third straight high point on the year and fixed 30-year mortgage rates hit a historical low, an industry group said on Wednesday.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 6.2 percent in the week ended Dec. 7.”

Full report

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